GFL Looks 3.9% Undervalued on GF Value™ as Acquisition Boosts Mo

GFL Environmental completed its acquisition of Secure Waste Infrastructure, expanding its western Canada presence. The deal, valued at $6.4B, was financed with 80% stock and 20% cash, including a $1B U.S. term loan. Secure's management will remain, and the company will be delisted from the TSX. GFL expects the acquisition to accelerate its 2028 EBITDA target of over $3B. Secure reported H1 2024 revenue of $805M, up 10% YoY.

GFL Environmental completed its acquisition of SECURE Waste Infrastructure, adding over 2,000 employees. The deal was financed through a credit facility, new shares, and a $1 billion term loan. GFL expects the acquisition to boost its scale and accelerate financial targets. SECURE shares will be delisted, and GFL shares issued to SECURE shareholders will begin trading on September 2.

GFL Environmental Inc (NYSE: GFL) shares rose 3.1% on August 28, 2026, amid progress in its sales process and completion of a C$6.4 billion acquisition. The company's P/S ratio is 3.02, above its historical median, reflecting growth expectations despite unprofitability. GFL has a GF Score™ of 63, with strengths in valuation and growth but weaknesses in financial strength and momentum. Institutional sentiment is cautious, with 7 gurus trimming positions and 2 adding.

Godrej Finance Limited (GFL) plans to expand its gold loan business in Andhra Pradesh as the first step in a broader South India rollout. It will nearly double branches from 54 to 100 and customers from about 12,000 to 25,000 over 24 months after acquiring Kanakadurga Finance’s gold loan business. The acquired portfolio is about Rs 280 crore AUM with 54 branches and ~250 employees.

GFL Environmental reported Q2 results, citing improving margins and pricing growth despite slightly lower fuel surcharge revenues and weaker commodity prices. CEO Patrick Dovigi confirmed a special committee evaluating take-private offers. GFL targets Oct. 1 for its Secure Waste Infrastructure acquisition, pending Canada Competition Bureau approval. Updated FY guidance: revenue $7.51B-$7.53B, adjusted EBITDA about $2.29B.

GFL Environmental reported Q2 2026 revenue of $1,947.8 million, up 16.3% year over year, and $3,591.6 million year to date. Adjusted EBITDA was $591.2 million for the quarter. The company recorded net losses from continuing operations of $162.6 million in Q2 and $381.8 million year to date, citing foreign exchange losses, higher cost of sales, and interest expense. GFL completed 10 acquisitions in 2026 totaling $1,604.5 million.